Moody's Corp. stock rises Wednesday, outperforms market

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Shares of Moody’s Corp. MCO inched 0.12% higher to $315.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.03% to 33,743.84 and the S&P 500 Index SPX falling 0.02% to 4,016.22. The stock’s rise snapped a two-day losing streak. Moody’s Corp. closed $39.08 below its 52-week high ($354.81), which the company achieved on February 10th.

The stock outperformed some of its competitors Wednesday, as S&P Global Inc. SPGI fell 0.36% to $366.38…